Sold
Last Sold Price
6 beds4,616 sqft
35 Florence St, Natick, MA 01760
Multi FamilyProperty Type
0.47 acresLot Size
1900Year Built
$260/sq ftPrice per sq ft
8 carsParking Spaces

Description

Rare opportunity...... Pristine Walnut Hill Grand Victorian! 6 one bedroom units completely renovated. Current income over $100,000 with potential for higher rents. Coin laundry and abundant storage. Off street parking for 8 cars. Tenants pay their own utilities. Lead certificates for all units. High credit tenants. Walk to downtown Natick and commuter rail. This offering represents a unique opportunity to acquire a stunning rental property in a prestigious neighborhood!Rare opportunity...... Pristine Walnut Hill Grand Victorian! 6 one bedroom units completely renovated. Current income over $100,000 with potential for higher rents. Coin laundry and abundant storage. Off street parking for 8 cars. Tenants pay their own utilities. Lead certificates for all units. High credit tenants. Walk to downtown Natick and commuter rail. This offering represents a unique opportunity to acquire a stunning rental property in a prestigious neighborhood!
  • Listed by: Philip J. Losurdo • Philip J. Losurdo
Listing closed: 05/26/2016 12:00 AM • Source: MLS PIN, MLS#: 71979284

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Location

Listing Courtesy of Philip J. Losurdo, Philip J. Losurdo

Sold By Preservation Properties, Ed Lyon

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Payment Calculator

$7,249 per month

30 year fixed, 7.03% Interest

Principal and Interest

$6,406

Property Taxes

$843

HOA Dues

$0

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Property Information for 35 Florence Street

Property Details
  • Taxes: $10,117 / year
  • MLS Type: Multi-family / 5-9 Family
  • Town: Natick
  • Area: MA-Natick
  • Garage Spaces: 0
  • Open Parking Spaces: 8.00
  • Parking Spaces Total: 8
Building Information
  • Stories: 3
  • Residences: 6
  • Year Built: 1900
  • Lot Size: 0.47 AC / 20,473 SF
General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat
  • Current Financing: Conv. Fixed
  • Living Area: 4616.0
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater, Utility Connections for Electric Range
  • Basement Features: Full
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Flooring: Carpet
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch, Deck - Wood
  • Lot Description: Gentle Sloping
  • Patio And Porch Features: Porch, Deck - Wood
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: Individually Metered
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Listing broker is manager of LLC that owns property.
Tax Information
  • Tax ID: 669373
  • Assessments: $731,000
  • Book: 999
  • Tax Year: 2015
  • Zoning: RSC
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone, Granite
  • Frontage: 137.00
Income / Expenses
  • Electricity: $314.00
  • GOI: $100,020.00
  • Gross Scheduled Income: $602.00
  • Insurance: $3,420.00
  • GRE: $7,434
  • HTE: $0
  • RFS: $930
  • RME: $1,273
  • NOI: $82,469.00
  • Operating Expense: $7,434.00
  • WSE: $895.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $3,275.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Selling Broker Comp: 2.5
  • Other Agent Compensation: 2.5

Property History for 35 Florence Street

DateEvent & SourcePriceAppreciation
May 27, 2016

Sold (Public Record)

Public Record #572070993

$1,200,000

+472.4% / yr

May 26, 2016

Sold

MLS PIN #71979284

$1,200,000—
Apr 18, 2016

Under Agreement

MLS PIN #71979284

—
DateEvent & SourcePrice
05/27/2016

Sold (Public Record)

Public Record #572070993

$1,200,000

+472.4% / yr

05/26/2016

Sold

MLS PIN #71979284

$1,200,000
04/18/2016

Under Agreement

MLS PIN #71979284

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 35 Florence Street

Taxable ValueLand$499,900Additions$858,900Total$1,358,800
Tax Record2025$16,251 ($1,354 / month)
Home Facts
Baths4.5Total Finished SqFt4,616 SqFtAbove Grade Finished SqFt4,616 SqFtUnfinished Basement SqFt1,993 SqFtStories3Lot Size20,473 SqFtStyleMulti-Family Res (5+ Units)Year Built1900Year Renovated1900ZoningRSCCountyMIDDLESEXAPNNATI M:00000036 P:00000092

Schools near 35 Florence Street

This home is within Natick School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Private - 9 to 12
Rating
School
Distance
Lilja Elementary School
PublicK to 4

Wilson Middle School
Public5 to 8

Natick High School
Public9 to 12

Walnut Hill School for the Arts
Private9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Philip J. Losurdo, Philip J. Losurdo

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.